No hidden fees, no worries – the benefits of land lease living
If you’re thinking about downsizing from the family home, we understand there are range of important factors to consider during this process, from selecting the right community through to evaluating the long-term financial benefits.
Our Stockland Halcyon communities are focused on simplifying things so that you can remain independent, enjoy more freedom, connect with new friends, and tailor your next move to cater to what is important to you. It involves homeowners downsizing to a contemporary, low-maintenance home on land that you lease in a gated community with resort-quality recreational facilities and like-minded neighbours.
Stockland Halcyon’s land lease model is based on a simple and transparent financial model that is governed and protected by state legislation. The move allows you to unlock an amount of equity in your family home, freeing up money for holidays, a boat or caravan, or simply the sense of security of having more cash in the bank.
In a Stockland Halcyon community, you’ll be able to gain certainty around your finances and ongoing living expenses, with many of these clearly communicated and wrapped into a convenient weekly site and management fee.
These fees range from $165 - $245 per week per couple and can be reduced by up to $66.50 per week if you're eligible for rent assistance*.
Your weekly site fee covers:
-
- Lease of land
-
- Water rates*
-
- Landscaping of communal areas
-
- Health and wellness lifestyle facilities
-
- Council rates
-
- Community management
.... - Facilities upkeep
-
-
The only other housing-related costs you need to think about are your usual household bills; groceries, telephone and internet, gas/electricity, and home and contents insurance.
It’s important to highlight that, unlike a retirement village, Stockland Halcyon does not charge exit fees. There is also no stamp duty on your purchase, no taxes, no mortgage, no strata or community title fees, no body corporate, and no sinking fund.
So, if things change or it’s not for you, there’s a simple exit process, and you keep 100 percent of your capital gains. With all that squared away, you get to focus on enjoying someone else taking care of the mowing, pool cleaning and general maintenance, keeping your community looking premium.
Of course, before deciding to move into any type of community living, it is important to first be clear about your current financial circumstances.
At Stockland, we recommend that you consult an accredited financial advisor who can help you get a clearer picture of the next 20+ years. They will also ensure you fully understand the terms and conditions of any agreement you enter for community living.
This website is supplied for the purpose of providing an impression of Stockland Halcyon and the approximate location of existing and proposed third party infrastructure, facilities, amenities, services and destinations, and is not intended to be used for any other purpose. All details, image and statements are based on the intention of, and information available to, Stockland as at the time of publication (February 2025) and may change due to future circumstances. This website is not legally binding on Stockland. Stockland does not give any warrant in relation to any information contained in this website. Stockland does not accept any liability for loss or damage arising as a result of any reliance on this website or its contents.